Sunoco Lp/Sunoco Fin Corp Stock Price, News & Analysis

Energy Transfer (NYSE:ET) reported strong Q1 2025 financial results with net income of $1.32 billion, up from $1.24 billion in Q1 2024. The company achieved Adjusted EBITDA of $4.10 billion, a 5.7% increase from $3.88 billion in Q1 2024. Key operational highlights include record-breaking interstate natural gas transportation volumes (+3%), increased crude oil transportation (+10%), and NGL transportation (+4%). The company announced a quarterly cash distribution of $0.3275 per unit, representing a 3% increase year-over-year. Energy Transfer maintained its 2025 Adjusted EBITDA guidance of $16.1-16.5 billion. Notable strategic developments include a joint agreement with MidOcean Energy for the Lake Charles LNG project, a long-term deal with Cloudburst Data Centers, and approval for a new Mustang Draw natural gas processing plant in the Midland Basin.

Sunoco LP (NYSE: SUN) reported strong Q1 2025 financial results with net income of $207 million, Adjusted EBITDA of $458 million, and Distributable Cash Flow of $310 million. The company announced two major acquisitions: Parkland Corporation for $9.1 billion and TanQuid, Germany's largest independent terminal operator, for €500 million. SUN increased its quarterly distribution by 1.25% to $0.8976 per unit, maintaining its target of at least 5% distribution growth for 2025. The company's fuel distribution segment sold 2.1 billion gallons with an 11.5 cents per gallon margin. SUN's leverage ratio stands at 4.1x, with $7.7 billion in long-term debt and no borrowings on its $1.5 billion revolving credit facility. Both acquisitions are expected to close in H2 2025 and be immediately accretive to unitholders.

Sunoco LP (NYSE: SUN) has announced the acquisition of Parkland Corporation (TSX: PKI) in a cash and equity transaction valued at U.S.$9.1 billion, including assumed debt. Under the deal, Parkland shareholders will receive 0.295 SUNCorp units and C$19.80 per share, representing a 25% premium. The transaction will create the largest independent fuel distributor in the Americas, with expected run-rate synergies of U.S.$250 million by Year 3.

Sunoco commits to maintaining Parkland's Calgary headquarters, protecting Canadian jobs, and continuing investments in the Burnaby Refinery. The deal is expected to be 10%+ accretive to distributable cash flow per unit, with leverage returning to Sunoco's 4x target within 12-18 months post-close. The transaction requires shareholder and regulatory approvals and is expected to close in the second half of 2025.

Sunoco LP (NYSE: SUN) has announced a significant $9.1 billion acquisition of Parkland Corporation (TSX: PKI), creating a new entity called SUNCorp, LLC. Under the deal terms, Parkland shareholders will receive 0.295 SUNCorp units and C$19.80 per share, representing a 25% premium. The transaction is expected to close in H2 2025 and will be immediately accretive with 10%+ accretion to distributable cash flow per Common Unit. The deal promises $250 million in run-rate synergies by Year 3. Sunoco has secured a $2.65 billion bridge loan for the cash consideration. The company commits to maintaining a Canadian headquarters in Calgary, continuing operations at the Burnaby Refinery, and expanding transportation energy infrastructure in Canada.

Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution increase to $0.3275 per common unit ($1.31 annualized) for Q1 2025, representing a 3% increase compared to Q1 2024. The distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025.

The company operates one of the largest energy asset portfolios in the United States, with over 130,000 miles of pipeline across 44 states. Energy Transfer's portfolio includes natural gas midstream operations, interstate transportation, storage assets, crude oil and NGL infrastructure, and fractionation facilities. The company also owns Lake Charles LNG Company and holds significant stakes in Sunoco LP (21%) and USA Compression Partners (39%).

Sunoco LP (NYSE: SUN) has announced a quarterly distribution increase of 1.25% to $0.8976 per common unit ($3.5904 annualized) for Q1 2025. This marks the second consecutive quarterly distribution increase, aligning with SUN's capital allocation strategy and 2025 business outlook targeting an annual distribution growth rate of at least 5%.

The distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025. Since 2022, SUN has demonstrated its commitment to unitholder returns by increasing distributions by approximately 9%.

Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI), payable on May 15, 2025, to unitholders of record as of May 2, 2025.

The company operates one of the largest energy asset portfolios in the United States, featuring over 130,000 miles of pipeline infrastructure across 44 states. ET's operations encompass natural gas midstream, interstate and intrastate transportation, storage assets, crude oil, NGL and refined product transportation, and terminalling assets.

Energy Transfer also maintains significant ownership positions in Sunoco LP (21% of common units) and USA Compression Partners (39% of common units), along with their general partner interests.

Energy Transfer (NYSE: ET) has announced a significant partnership with MidOcean Energy for the joint development of its Lake Charles LNG export facility. Under the Heads of Agreement (HOA), MidOcean will fund 30% of construction costs and receive 30% of LNG production (approximately 5.0 million tonnes per annum).

The agreement includes provisions for MidOcean to arrange gas supply for its share of LNG production and commit to long-term gas transportation on Energy Transfer pipelines. The project will utilize existing infrastructure, including four LNG storage tanks, two deep water berths, and connection to Energy Transfer's Trunkline pipeline system, providing access to multiple natural gas producing basins.

The partnership's execution remains subject to both parties taking a positive final investment decision (FID) and meeting other conditions precedent. The Lake Charles LNG facility will be constructed on an existing brownfield regasification facility site, leveraging connections to major production basins including Haynesville, Permian, and Marcellus Shale.

Sunoco LP (NYSE: SUN) has scheduled its first quarter 2025 financial and operating results announcement for Tuesday, May 6, 2025, before market opening. The company will host a conference call on the same day at 9:00 a.m. Central Daylight Time (10:00 a.m. Eastern Daylight Time) to discuss the results.

Investors can participate via phone by dialing 877-407-6184 (toll-free) or 201-389-0877, with replay available until May 13, 2025. Alternatively, they can join through the webcast on SUN's Investor Relations website at sunocolp.com. Both options require registration at least 10 minutes before the call.